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20130104
20130112
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by the senate to help the northeast recover from superstorm sandy, the most destructive storm of 2012. today, however, the new congress is expected to vote on $9 million for immediate aid, with the $51-million balance scheduled for a vote january 15th. consumers' fears of falling off the fiscal cliff along with deep discounts are expected to hurt 4th quarter profits for several major retailers. jc penney, target and khol's all warned 4th quarter earnings may come in below expectations because of larger-than-expected markdowns. meanwhile, for the month of december, major retail chains collectively posted a 4.5% increase in sales for the month, which was higher than analysts' expectations of 3.3%. costco was the top performer, wtih a 9% bump in sales. nordstrom reported an 8.6% rise, while ross stores and tj max sales were up 6%. automakers were in high gear last year with over 14 million in sales. 2013 was the strongest year since before the recession, with the big three automakers all gaining ground in december. chrysler topped the list with a 10% rise in sales, while gm's grew nearly 5%. f
to victims of super storm sandy. fema warned that without the additional funds it would run out of money to pay claims next week. lawmakers have yet to act on a proposed bill to set aside $51 billion worth of aid to address the effects of super storm sandy. john boehner has vowed to vote on that bill january 26. >>> there was a packed house for people that came together to raise money for super storm sandy victims. the money will go to two couples. organizers said they raised more than $2,000 and they're still counting. >>> it looks like secretary of state hillary clinton will return to work tomorrow for the first time since she fell ill in december. clinton is expected to attend a meeting first thing in the morning. on tuesday, she's scheduled to meet with outgoing defense attorney panetta. >>> california lawmakers will get back to work tomorrow with a democratic superhouse majority in both houses. the new legislature was sworn in but then recessed for the holidays. they expect democratic lawmakers to freely legislate. but does not expect democrats to run wild with spending. >> everybod
long. no sooner did northeast republicans excoriate their brethern in congress for not passing a sandy storm relief bill than the house turned around and passed the bill. the near $10-billion measure was quickly passed in the house on friday and cleared the senate by unanimous consent. the 67 who voted no were all republicans. they had insisted that the aid be paid for by cuts in other federal programs. this was the first and least controversal part of a larger aid package to be considered in a couple of weeks. the fda is setting forth new rules that put the onus for food safety on food producers. about 3,000 americans die each year due to food-borne illnesses, and the new rules aim to make food processors and farms more accountable for reducing that number. companies will have to establish specific plans for preventing contamination as well as keep records that show they are doing so. the new rules are a result of the food safety and modernization act that was signed into law in 2011. still to come, more people are finding jobs. is it time to book a vacation? we'll give you some value
of super storm sandy. legislation easily passed both houses. it will help pay for 234r50d insurance claims for one00,000 individuals and businesses. a much larger $51 billion aid package is set to be taken up next month. >>> food safety regulations got changes today. but john valor reports some say the rules fall short. >> the new rule comes two years to the day after congress required them. they cover 80% of the food grown on u.s. farms. designed to reduce food born illness one rule requires they use clean water and food handlers wash hands. a second rule requires food companies to submit detailed safety plans. >> to make sure the food you produce is safer and we will monitor your activities. >> reporter: the center for food safety had sued to get the government to implement these rules. activists today said they are not invited to the party. >> we have not quite popped the cork on the champagne yet. this is a good first step. >> reporter: she points out there are still proposed rules and missing are promised rules on imported food, 15% of the nation's food supply. and, the fda does not
. this is in response to the killing of 20 first graders and 6 adults at sandy hook elementry in newtown, connecticut, last month. gun manufacturers make up roughly $12 million in the teacher retirement portfolio. the lull that hit the motorcycle industry during the recession appears to be over. sales of the bikes rose in 2012 for the first time since 2006. bmw had a stellar year, with overall motorcycle sales rising 2%. studies suggest that more women and younger buyers are lured to head out on the highway. a decade ago, boomers outnumbered gen-x and gen-y riders four-to-one. gm is shifting away from outsourcing. according to reports, the automaker wants to rely more on its own employees for tech projects versus outsourcing jobs. and it will hire around 10,000 workers for tech centers in michigan, texas and georgia and one other yet- to-be-revealed location. meanwhile, general motors predicts a modest increase in u.s. market share this year, along with reducing its losses in europe. honda is also adding jobs in the u.s. and investing $23 million into an ohio plant where it will manufacture a new hyb
sicking out. . >> it's lard -- you want to swing on it but don't quite trust. it's all sandy. to me, it's the challenge. if i can figure thousand adapt my style here. >> he dazzles people in the spice market off the bat. a lot of people who maybe have never seen hard core before will be thinking what is this guy doing? who is this crazy person? like, someone should call the police. >>> steven, as you know, the consumer electronics show is currently going on in las vegas, nevada. all kinds of new tech "stuff" is being introduced. >> the latest and greatest. >> when it comes to the cutting edge of technology we have our own expert, our own consumer electronics show man. >> he's an expo in himself. >> yeah, he is. zach. hey there, zach. >> hello. >> what's up, dude? >> i love to have new toke show us. >> the first calmed the copy census, a smartphone cover that actually acts as its ownch device. >> wht? >> right n iphones, so your iphone 4, 4s or 5. >> playing pebble run. >> yep. >> you use your fingers on the back of your phone to operate your phone? >> exactly. >> the front of the phone
. >>> a day of new beginnings. the students of sandy hook elementary school resume classes. the extra steps taken to help ease them into the new transition. >> the ke [ female announcer ] safeway presents real big deals of the week. or how to get great prices on things you need. if your resolution is saving money, safeway gives you real big club card deals each week. now's a good time to pack your lunches. lean cuisine is just $1.99. yoplait yogurt is just 50 cents. resolutions, kept. and charmin is $13.99 for 30 double rolls. real big deals this week and every week. only at safeway. ingredients for life. >>> the students who survived the gunman's rampage in newtown connecticut returned to class today after an extended holiday break. the children may still be fragile but as ktvu's john sasaki learned experts say these are steps a community must take. >> reporter: the new sandy hook elementary school in near by monroe connecticut is covered in a layer of snow. a fresh start for a community on the mend. >> a great deal of thought and effort and volunteer work to make this as seemless as possi
following superstorm sandy. >>> on wall street, stock markets ended on the up mark. and the s & p500 gained seven and hit its highest close in five years. >>> congress passed a bill today to help victims of superstorm sandy. the legislation easily cleared the house and senate. it provides $9.7 billion to paid for flood insurance claims. a broader measure providing $51 million is scheduled for debate later this month but is expected to face opposition by those who say it's filled with port barrel projects. >> barack obama the state of illinois has received 332 votes, mitt romney the state of massachusetts has received 206 votes. >>> vice president joe biden released the electoral vote. the constitution says it's not official until the electoral college votes are counted. >>> the new film zero dark 30 about the killing of osama bin laden is drawing high praise as well as some pointed criticism. ktvu's rita williams tells us about a controversial part of the movie that has people protesting. >> never legal, never moral, never accepted. >> reporter: an unusual protest outside an emeryville thea
. the attention was sparked by last month's shooting at sandy hook elementary. >> every once in awhile there's something ie wakens the patience of a country, and that tragic event did it in a way like nothing i've seen in my career. >> among those attending today's meeting were parents of children killed in a mass shooting at the aurora, colorado movie theater and survivors of the 2007 virginia tech massacre. tomorrow the vice president's gun policy task force meets with a national rifle association and others opposing gun control. the president has voweda and wants recommendations from the task force by the end of the month. >>> happening now in vallejo, an open house discussion on the hot-button issue of gun control. that meeth just got underway at city hal. congressman mike thompson is hosting the forrum tonight and another in santa rosa tomorrow. thompson says he's a gun owner and a hunter but says he supports restrictions on assault weapons. the homicide rate declined last year. in 2012 the city had 14 homicides involving 11 guns. >>> a plaque that honors petaluma residents killed in th
. lawmakers in d.c. have approved $9 billion of aid for areas devatstated by hurricane sandy, with a potential $51 billion more on the way. ed gjertsen, vp of mack investment securities, joins us with this morning with the economic punch, and how it could help stocks. good morning. and hopefully, some good will come from this tragedy. what do you anticipate? > > angie, i really don't see a lot coming out of this. it's $9 billion. it's basically going to be going more into the infrastructure of just paying the fema bills for the flood insurance. if that additional $50 billion comes, there's a lot of pork in that. i don't see that being a direct, relative basis for stock. so i don't see a big lift from that money going into the east coast. > would you buy any remodeling stocks, such as home depot? > > i know think so. the money is going to be spread around in so many different places, i think there might be a short- term benefit from that, but i think overall economic growth will have a lot more powerful impact with stocks than another congressional outlet. > ed, thank you for your thoughts toda
. >> as a mother and grandmother here in marin my heart is broken. >> reporter: often inspired by the sandy hook school shooting donors are giving to a gun buy back fund. $40,000 in public donations. enabling marin to buy guns, no names, no questions asked. >> thank you for getting those guns out of your house. god bless you. >> if they want to turn in three gun, they'll get paid on the spot. >> reporter: each gun is worth $100, $200 if it's a semi automatic. >> this is what you can do for mankind. >> reporter: we found marin residents enthusiastic and optimistic. >> i'm not naive enough to think that i'm going to get every young gangster to come in and turn in their gun. >> reporter: but what they want is to get the unforgotten guns that might become a danger. >> and because gun violence travels, residents of san francisco, sonoma and contra costa can come to marin. they will be getting vouchers, marin residents have priority. we're live in san rafael, deborah villalon. >>> and lawmakers are going after ammunition not the weapons. >> it takes bullets to put in the gun. when bullets are more ava
that shooting at sandy hook elementary. >> every once in awhile there is something that awakens the country. >> those attending today's meeting included parents of children killed in the mass shooting at a movie theatre in aurora colorado along with survivors of the 2007 virginia tech massacre. the president has vowed action and wants recommendations from that task force by the end of the month. >> national debate on gun control came to vallejo. a public meeting was hosted. >> i am a hunt era gun owner. you don't need them i don't need them nor do we need assault magazines. >> congressman thompson is looking for opinions how to prevent another tragedy. >>> police released a surveillance video in hopes of solving a 3 month old murder. the trail has gone cold in the killing of 46-year-old alea cruise. they hope someone will recognize the man in this footage he is seen walking with her in the tenderloin to her apartment. less than an hour later he came out and ran off. she was found stabbed to death in her home. >> this might spark someone's memory. they might recognize this person from the ne
being implemented after the shooting of 20 children and six adults at sandy hook elementary. >> we feel we have procedures in place but then you analyze that incident and think, hey maybe we aren't as prepared as we have. >> reporter: they have brought in two consultants before making specific changes at all campus. parents say they welcome the scrutiny. >> i'm in support of anything that will offer extra support for our children. >> reporter: they're not in favor as going so far as to arm teachers but they are looking at bringing resource officers to schools who don't already have them. eric rasmussen, ktvu. >>> and coming up at 10:30, an overflow crowd today in the knot bay. the hot button issue that's atracking a lot of attention. >>> bay area fire stations shutting down. the confusion over the closures that has some people upset. >>> look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying
Search Results 0 to 12 of about 13